SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 04-NOV-2026

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

COMPANIES: DID NOT ADHERE TO SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

221

ISG TRADERS LTD.

(PAN:AABCI1355C)

DID NOT SUBMIT COMPLIANCE CERTIFICATE TO STOCK EXCHANGES VIOLATING REGULATION 7(3) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

DID NOT SUBMIT CONSOLIDATED FINANCIAL RESULTS FOR HALF YEAR TO STOCK EXCHANGES VIOLATING REGULATION 23(9) OF SEBI (LODR) REGULATIONS, 2015

DID NOT FRAME POLICY FOR DETERMINATION OF MATERIALITY DULY APPROVED BY ITS BOARD OF DIRECTORS ON ITS WEBSITE VIOLATING REGULATION 30(4)(II) OF SEBI (LODR) REGULATIONS, 2015

DID NOT AUTHORIZE ITS BOARD OF DIRECTORS ONE OR MORE KEY MANAGERIAL PERSONNEL FOR PURPOSE OF DETERMINING MATERIALITY OF EVENT OR INFORMATION TO STOCK EXCHANGES VIOLATING REGULATION 30(5) OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE ON ITS WEBSITE OF ALL SUCH EVENTS OR INFORMATION TO STOCK EXCHANGES VIOLATING REGULATION 30(8) OF SEBI (LODR) REGULATIONS, 2015

DID NOT SUBMIT ANNUAL REPORT (HARD COPY) VIOLATING REGULATION 34(1) (ERSTWHILE CLAUSE 31) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES ABOUT NOTIFICATION OF AMENDMENTS VIOLATING REGULATION 36(4) OF SEBI (LODR) REGULATIONS, 2015

DID NOT SUBMIT CERTIFICATE FROM PRACTICING COMPANY SECRETARY CERTIFYING THAT ALL THE CERTIFICATES HAVE BEEN ISSUED WITHIN EXCHANGE OR ENDORSEMENT OF CALLS/ALLOTMENT MONIES VIOLATING REGULATION 40(9) OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAINTAIN FUNCTIONAL WEBSITE AND DID NOT DISSEMINATE REQUIRED INFORMATION VIOLATING REGULATIONS 46(1), 46(2), 46(3)(B) AND 47(1) READ WITH 46(2)(Q) OF SEBI (LODR) REGULATIONS, 2015

IMPOSED PENALTY RS.3,00,000

31-DEC-2021

SEBI VIDE ITS NOTICE DATED 25/05/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S. HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS NOTICE DATED 02/06/2022 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 25/05/2022

222

IZMO LTD.

(PAN:AAACL3000E)

MIS-STATEMENT IN ANNUAL REPORT VIOLATING REGULATIONS 4(1)(C) AND 4(1)(H) OF SEBI (LODR) REGULATIONS, 2015

DELAY IN MAKING DISCLOSURE THAT HUGHES PRECISION MANUFACTURING PVT.LTD. (HPMPL) WOULD BECOME ITS WHOLLY OWNED SUBSIDIARY VIOLATING REGULATION 30(7) OF SEBI (LODR) REGULATIONS, 2015 REGULATIONS READ WITH CLAUSE 2 (I) OF LISTING AGREEMENT

IMPOSED PENALTY RS.5,00,000

06-OCT-2022

223

JAGJANANI TEXTILES LTD.

(CIN:L17124RJ1997PLC013498
PAN:AAACJ6739Q)

Click here to view complete history of this specific entity/person

AYUSH SINGHAL

PAN:CGYPS4732F

GOPAL VYAS

PAN:AATPV8476G

MADHAVI VYAS

PAN:ACNPV3397G

MEGHA JAIN

PAN:AVQPS0253A

RITA SINGHAL

PAN:AYJPS4871Q

SHIV KUMAR SINGHAL

PAN:AAZPS6608M

MADE WRONG DISCLOSURE OF CLASSIFICATION OF PROMOTER GROUP AS A PUBLIC SHAREHOLDER VIOLATING REGULATION 31(4) OF SEBI (LODR) REGULATIONS, 2015

DID NOT GIVE PRIOR INTIMATION TO STOCK EXCHANGES ABOUT MEETING OF BOARD OF DIRECTORS FOR FINANCIAL RESULTS FOR YEAR ENDED MARCH, 2017 VIOLATING REGULATION 29(1)(A) OF SEBI (LODR) REGULATIONS, 2015

DELAY IN SUBMISSION OF STATEMENT ON PENDING INVESTOR COMPLAINS VIOLATING REGULATION 13(3) OF SEBI (LODR) REGULATIONS, 2015

DELAY IN MAKING DISCLOSURE OF RELATED PARTY TRANSACTIONS TO STOCK EXCHANGES VIOLATING REGULATION 23(9) OF SEBI (LODR) REGULATIONS, 2015

DELAY IN MAKING DISCLOSURE OF ANNUAL SECRETARIAL COMPLIANCE REPORT TO STOCK EXCHANGES VIOLATING REGULATION 24A OF SEBI (LODR) REGULATIONS, 2015

DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES INTIMATION OF CHANGE IN DIRECTORS VIOLATING REGULATION 30(4)(I)(B) OF SEBI (LODR) REGULATIONS, 2015

DELAY IN SUBMISSION OF STATEMENT SHOWING HOLDING OF SECURITIES AND SHAREHOLDING PATTERN TO STOCK EXCHANGES VIOLATING REGULATION 31(1) OF SEBI (LODR) REGULATIONS, 2015

DELAY IN SUBMISSION OF VOTING RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 44(3) OF SEBI (LODR) REGULATIONS, 2015

IMPOSED PENALTY RS.7,00,000

18-NOV-2024

SEBI VIDE ITS NOTICE DATED 23/01/2025 DIRECTED TO PAY RS.7,22,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 27/01/2025 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER

SEBI VIDE ITS ORDER DATED 17/02/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS NOTICE DATED 27/03/2025 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 17/02/2025

SEBI VIDE ITS ORDER DATED 27/03/2025 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.8585 OF 2025 DATED 23/01/2025

SAT: SAT VIDE ITS ORDER DATED 25/04/2025 GRANTED APPELLANT TWO WEEKS TO FILE REJOINDER

224

JAI MATA GLASS LTD.

(CIN:L26101HP1981PLC004430
PAN:AAACJ3873F)

AMBARISH CHATTERJEE

PAN:AAAPC3232E

ANU MARWAH

PAN:AEPPM3218P

SAJEVE BHUSHAN DEORA

PAN:ABBPD0803C

SAMIR KATYAL

PAN:ADDPK0100D

SANJAY KUMAR SAREEN

PAN:AAPPS0724E

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JAI MATA GLASS LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF JAI MATA GLASS LTD.

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JAI MATA GLASS LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(2) (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAI MATA GLASS LTD.

DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF JAI MATA GLASS LTD.

ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAI MATA GLASS LTD.

RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 23-NOV-2021 TO 22-MAY-2022

IMPOSED PENALTY RS.7,00,000

23-NOV-2021

225

JAI MATA GLASS LTD.

(CIN:L26101HP1981PLC004430
PAN:AAACJ3873F)

CHANDER MOHAN MARWAH

PAN:AEVPM6898R

LALIT ANAND

PAN:AAAPA1053B

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JAI MATA GLASS LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF JAI MATA GLASS LTD.

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JAI MATA GLASS LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(2) (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAI MATA GLASS LTD.

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JAI MATA GLASS LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956

226

JAIPRAKASH POWER VENTURES LTD.

(PAN:AAACJ6297K)

M.K.V.RAMA RAO

PAN:AACPR4808D

MANOJ GAUR

PAN:AAOPG1931A

PRAVEEN KUMAR SINGH

PAN:ABKPS1556J

R.K.PORWAL

PAN:AECPP5769B

SUNIL KUMAR SHARMA

PAN:ABKPS1549R

SUREN JAIN

PAN:AASPJ5976A

MISREPRESENTED BOOKS OF ACCOUNTS AND/OR FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(E) AND 4(1)(G) TO 4(1)(J) READ WITH REGULATIONS 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015

MISREPRESENTED BOOKS OF ACCOUNTS AND/OR FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 4(2)(F) AND 4(2)(R) READ WITH 2(1)(B) AND 2(1)(C)(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF JAIPRAKASH POWER VENTURES LTD.

MISREPRESENTED BOOKS OF ACCOUNTS AND/OR FINANCIAL STATEMENTS VIOLATING CLAUSE 41(I)(A) AND PARA V OF CLAUSE 49 OF ERSTWHILE LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF JAIPRAKASH POWER VENTURES LTD.

IMPOSED PENALTY RS.14,00,000

27-DEC-2024

SAT: SAT VIDE ITS ORDER DATED 06/03/2025 STAYED THE RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

SAT: SAT VIDE ITS ORDER DATED 08/07/2025 GRANTED APPELLANT SIX WEEKS TO FILE REJOINDER

227

JAISUKH DEALERS LTD.

(CIN:L65100WB2005PLC101510
PAN:AABCJ7808H)

BALUSHRI GUPTA

PAN:BONPG4905C

KISHAN KUMAR JAJODIA

PAN:ACUPJ9687L

PRAKASH KUMAR JAJODIA

PAN:ACOPJ3493L

SOMNATH GUPTA

PAN:ADZPG2735J

SOUMEN SEN GUPTA

PAN:APCPG9767K

TANUMAY LAHA

PAN:AIVPL5095K

MISREPRESENTED FINANCIALS AND/OR BUSINESS AND MISUSED FUNDS/BOOKS OF ACCOUNTS OF JDL AND SUBSIDIARIES VIOLATING SECTIONS 12A (A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1) AND 4(2)(F) & (R) OF SEBI (PFUTP) REGULATIONS, 2003

DID NOT APPOINT QUALIFIED AND EXPERIENCE COMPLIANCE OFFICER AND/OR COMPANY SECRETARY

DID NOT FURNISH INFORMATION SOUGHT BY FORENSIC AUDITOR

DID NOT ADHERE TO LISTING AGREEMENT VIOLATING SECTION 21 OF SCRA, 1956

IMPOSED PENALTY RS.25,00,000

06-AUG-2021

SAT: SAT VIDE ITS ORDER DATED 26/04/2022 CONDONED THE DELAY IN FILING OF APPEAL. DISPOSED OF EXEMPTION APPLICATION AND DIRECTED APPELLANT TO FILE CERTIFIED COPY OF IMPUGNED ORDER ON OR BEFORE NEXT DATE. IN THE MEANWHILE, RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER MAY BE FILED ON OR BEFORE NEXT DATE

SAT: SAT VIDE ITS ORDER DATED 09/06/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 10/10/2022 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SEBI VIDE ITS NOTICE DATED 08/12/2021 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS ORDER DATED 06/12/2022 DIRECTED ALL THE BANKS TO REMIT RS.46,81,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF JAISUKH DEALERS LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS

SAT: SAT VIDE ITS ORDER DATED 22/12/2022 DIRECTED APPELLANT TO FILE REJOINDER WITHIN TWO WEEKS

SAT: SAT VIDE ITS ORDER DATED 07/02/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 18/04/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 17/07/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.15 FROM RS.30 LAC U/S 15HB OF SEBI ACT.

SEBI VIDE ITS NOTICE DATED 15/05/2024 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 08/12/2021

SEBI VIDE ITS ORDER DATED 15/05/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.4269 OF 2021 DATED 17/11/2021

228

JAISUKH DEALERS LTD.

(CIN:L65100WB2005PLC101510
PAN:AABCJ7808H)

BALUSHRI GUPTA

PAN:BONPG4905C

PRAKASH KUMAR JAJODIA

PAN:ACOPJ3493L

SOMNATH GUPTA

PAN:ADZPG2735J

SOUMEN SEN GUPTA

PAN:APCPG9767K

MISREPRESENTED FINANCIALS AND/OR BUSINESS AND MISUSED FUNDS/BOOKS OF ACCOUNTS OF JDL AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAISUKH DEALERS LTD.

229

JAISUKH DEALERS LTD.

(CIN:L65100WB2005PLC101510
PAN:AABCJ7808H)

KISHAN KUMAR JAJODIA

PAN:ACUPJ9687L

TANUMAY LAHA

PAN:AIVPL5095K

230

JALAN CEMENT WORKS LTD.

(CIN:L65923WB1972PLC028322
PAN:AAACJ6788R)

HEENA KHURANA

PAN:BSUPK1333H

RAJ KUMAR AGARWAL

PAN:ACGPA0363G

RICHA PIPALWA

PAN:BBIPP1664H

ROLI GUPTA

PAN:AJBPG3165G

SATISH KUMAR GUPTA

PAN:AACPG7419H

SURESH KUMAR MOONKA

PAN:AENPM6317F

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)& SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)

RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 11-MAY-2022 TO 10-NOV-2022

DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS

IMPOSED PENALTY RS.12,00,000

11-MAY-2022

231

JALAN CEMENT WORKS LTD.

(CIN:L65923WB1972PLC028322
PAN:AAACJ6788R)

DILIP KUMAR PIPALWA

PAN:AFUPP1788H

NIMISH ARORA

PAN:AEDPA9743D

PRATEEK ARORA

PAN:ANQPA0647J

SHALABH GAUR

PAN:ANTPG8746R

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)& SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II), (6), (7), 4(2)(F)(III), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)& SUBSIDIARIES VIOLATING SECTION 21 OF SCRA, 1956

RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 11-MAY-2022 TO 10-MAY-2023

DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS

IMPOSED PENALTY RS.10,00,000

11-MAY-2022

SAT: SAT VIDE ITS ORDER DATED 13/06/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS THEREAFTER. DIRECTED THAT THE DEBARMENT ORDER AGAINST APPELLANT TO REMAIN STAYED DURING PENDENCY OF THE APPEAL AND APPELLANT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND IF DEPOSITED, THE BALANCE AMOUNT NOT BE RECOVERED DURING PENDENCY OF THE APPEAL

SAT: SAT VIDE ITS ORDER DATED 29/07/2022 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY

SAT: SAT VIDE ITS ORDER DATED 22/08/2022 GRANTED THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 17/11/2022 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS. 10 LAC FROM RS.20 LAC. FURTHER REDUCED DEBARMENT PERIOD FROM ONE YEAR TO THE PERIOD UNDERGONE

SAT: SAT VIDE ITS ORDER DATED 01/05/2023 CONDONED THE DELAY IN FILING OF APPEAL

232

JAYPEE INFRATECH LTD.

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES DEFAULT IN PAYMENT OF INTEREST AND PRINCIPAL AMOUNT IN RESPECT OF VARIOUS SERIES OF NCDS VIOLATING REGULATION 51(1) OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES DELAY/DEFAULT IN PAYMENT OF INTEREST AND PRINCIPAL AMOUNT IN RESPECT OF VARIOUS SERIES OF NCDS VIOLATING REGULATION 51(2) READ WITH PART B OF SCHEDULE III (CLAUSE A1, A4, A9) OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE OF SECURITY CREATED AND MAINTAINED WITH RESPECT TO ITS LISTED NCDS TO STOCK EXCHANGES VIOLATING REGULATION 54(2) OF SEBI (LODR) REGULATIONS, 2015

DID NOT SUBMIT CERTIFICATE TO STOCK EXCHANGES WITHIN TWO DAYS OF INTEREST/PRINCIPAL OF BECOMING DUE IN RESPECT OF NCDS VIOLATING REGULATION 57(1) OF SEBI (LODR) REGULATIONS, 2015

DID NOT INTIMATE IN ADVANCE RECORD DATE TO STOCK EXCHANGES IN RESPECT OF VARIOUS SERIES OF NCDS VIOLATING REGULATION 60(2) OF SEBI (LODR) REGULATIONS, 2015

IMPOSED PENALTY RS.7,00,000

14-MAR-2022

SAT: SAT VIDE ITS ORDER DATED 31/01/2024 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 01/10/2024 DIRECTED SEBI TO CONSIDER SUCH REPRESENTATION WHOLLY UNINFLUENCED BY LETTER OF REJECTION (ANNEXURE A-1) ORDER DATED 25/10/2023 AND RESOLUTION PLAN APPROVED BY NCLAT AND ALL ATTENDING CIRCUMSTANCES AND LAW WITHIN FOUR WEEKS FROM DATE OF FILING THE REPRESENTATION. NO COSTS

233

JHAVERI CREDITS & CAPITAL LTD.

(PAN:AAACJ4725C)

YASH BHADRESH JHAVERI

PAN:AICPJ9616P

MADE INCORRECT DISCLOSURE OF SHAREHOLDING PATTERN TO STOCK EXCHANGES VIOLATING REGULATIONS 31(1) READ WITH 31(4) OF SEBI (LODR) REGULATIONS, 2015 AND CLAUSE 35 OF LISTING AGREEMENT

DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING REGULATION 38 OF SEBI (LODR) REGULATIONS, 2015 READ WITH CHAPTER VI OF SEBI MASTER CIRCULAR DATED 11/07/2023

IMPOSED PENALTY RS.2,00,000

12-DEC-2024

234

JINAAMS DRESS LTD.

(PAN:AACCJ6136F)

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES REGARDING RESIGNATION OF CHIEF EXECUTIVE OFFICER OF COMPANY VIOLATING REGULATIONS 4(1)(D), 30(2) AND 30(6) OF SEBI (LODR) READ WITH POINT NO.7 OF PARA A OF PART A OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES REGARDING INITIATION AND WITHDRAWAL OF CIRP AGAINST COMPANY VIOLATING REGULATIONS 4(1)(D), 30(2) AND 30(6) OF SEBI (LODR) READ WITH POINT NO.16(C) OF PARA A OF PART A OF SCHEDULE III OF SEBI (LODR), REGULATIONS, 2015

DID NOT FURNISH RESPONSE TO QUERIES RAISED BY SEBI/STOCK EXCHANGES VIOLATING REGULATION 30(10) OF SEBI (LODR) READ WITH CLAUSE 2(I) OF LISTING AGREEMENT DATED 23/04/2019

IMPOSED PENALTY RS.5,00,000

27-JUN-2022

SEBI VIDE ITS NOTICE DATED 16/11/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

235

JINDAL SAW LTD.

(PAN:AABCS7280C)

ALLEGED FILING OF INCORRECT DISCLOSURE OF SHAREHOLDING PATTERN VIOLATING CLAUSE 35 OF READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF JINDAL SAW LTD., HEXA TRADEX LTD. AND JITF INFRALOGISTICS LTD.

ALLEGED FAILURE IN DISCLOSING APPLICANT 4 AS PART OF PROMOTER GROUP VIOLATING REGULATION 31 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULAR NO.CIR/CFD/CMD/13/2015 DATED 30/11/2015 IN MATTER OF JINDAL SAW LTD., HEXA TRADEX LTD. AND JITF INFRALOGISTICS LTD.

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.26,30,550 VIDE CONSENT ORDER)

01-DEC-2023

SAT: SAT VIDE ITS ORDER DATED 09/07/2024 DISMISSED THE APPEAL AS WITHDRAWN

236

JITF INFRALOGISTICS LTD.

(PAN:AABCJ9522G)

ALLEGED FILING OF INCORRECT DISCLOSURE OF SHAREHOLDING PATTERN VIOLATING REGULATION 31 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULAR DATED 30/11/2015 IN MATTER OF JINDAL SAW LTD., HEXA TRADEX LTD. AND JITF INFRALOGISTICS LTD.

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.9,13,900 VIDE CONSENT ORDER)

01-DEC-2023

237

JMD VENTURES LTD.

(PAN:AAACA4340C)

JAGADISH PRASAD PUROHIT

PAN:AFSPP1444E

MOHIT JHUNJHUNWALA

PAN:AHMPJ8136F

SAROJ DEVI KOTHARI

PAN:ARCPK1018M

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JMD AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II) (6) & (7), 4(2)(F)(III) (1), (3), (6) AND (12) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF JMD VENTURES LTD.

DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF JMD VENTURES LTD.

RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 14-SEP-2021 TO 13-MAR-2022

IMPOSED PENALTY RS.6,00,000

14-SEP-2021

238

JMD VENTURES LTD.

(PAN:AAACA4340C)

KAILASH PRASAD PUROHIT

PAN:AFQPP2675H

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JMD VENTURES LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO (D), 4(1), 4(2) (F) AND (R) OF SEBI (PFUTP) REGULATION, 2003

DID NOT FURNISH INFORMATION AND DID NOT COOPERATE WITH FORENSIC AUDITOR

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JMD VIOLATING REGULATIONS 34(3), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JMD AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II) (6) & (7), 4(2)(F)(III) (1), (3), (6) AND (12) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF JMD VENTURES LTD.

RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 14-SEP-2021 TO 13-SEP-2022

IMPOSED PENALTY RS.25,00,000

14-SEP-2021

239

JUMBO FINANCE LTD.

(PAN:AAACJ0882E
CIN:L65990MH1984PLC032766)

ALLEGED DELAY IN FILING OF LISTING APPLICATION VIOLATING REGULATION 108(2) OF SEBI (ICDR) REGULATIONS, 2009

ALLEGED DELAY IN MAKING ALLOTMENT OF SHARES VIOLATING REGULATION 74(1) OF SEBI (ICDR) REGULATIONS, 2009

ALLEGED FAILURE IN TAKING APPROVAL OF SHAREHOLDERS AS WELL AS IN-PRINCIPLE APPROVAL OF STOCK EXCHANGES VIOLATING REGULATIONS 74(2) AND 73(1)(E) OF CHAPTER VII OF SEBI (ICDR) REGULATIONS, 2009

ALLEGED FAILURE IN TAKING APPROVAL OF SHAREHOLDERS AS WELL AS IN-PRINCIPLE APPROVAL OF STOCK EXCHANGES VIOLATING CLAUSE 24(A) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 READ WITH REGULATION 28(1) OF SEBI (LODR) REGULATIONS, 2015

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.44,20,000 VIDE CONSENT ORDER)

25-JAN-2023

240

JUMP NETWORKS LTD.

(PAN:AAACB4506D)

DID NOT MAKE REQUIRED DISCLOSURES TO STOCK EXCHANGES UNDER PROVISIONS OF REGULATIONS 6(C)(I) AND 6(C)(III) OF AUDITOR RESIGNATION CIRCULAR READ WITH SUB-PARA (7A) OF PARA A OF PART A OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATION 30(2) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 2(I) OF UNIFORM LISTING AGREEMENT DATED 21/12/2015 IN MATTER OF JUMP NETWORKS LTD.

IMPOSED PENALTY RS.10,00,000

24-NOV-2022

SEBI VIDE ITS NOTICE DATED 23/05/2023 DIRECTED TO PAY RS.10,71,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 22/06/2023 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS NOTICE DATED 23/08/2023 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.11,01,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG

The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.